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Epic Research Daily EQUITY Report Of 25th June 2018

Epic Research Limited counts as the top research providing firm all over India as well as other global markets

INDIA, 25 June 2018 -- The late rally in banking & financials helped the 50-share NSE Nifty recoup all its losses seen in the previous session and closed strongly above 10,800 levels on Friday, forming a 'Bullish Engulfing' pattern on the daily chart.A bullish engulfing pattern is made up
of two candles and is formed when a small black candle is followed by a large bullish candle that completely engulfs the previous day’s
candle.Formation of bullish engulfing pattern signifies that bulls have taken control over D-Street from bears.We recommend to BUY
NIFTY FUTURE AROUND 10800-10810 TGT 10850-10900 SL ABOVE 10800.

Epic Research Daily EQUITY Report Of 25th June 2018


EPIC RESEARCH– ANALYST SPEAKS--

The late rally in banking & financials helped the 50-share NSE Nifty recoup all its losses seen in the previous session and closed strongly above 10,800 levels on Friday, forming a 'Bullish Engulfing' pattern on the daily chart.A bullish engulfing pattern is made up
of two candles and is formed when a small black candle is followed by a large bullish candle that completely engulfs the previous day’s
candle.Formation of bullish engulfing pattern signifies that bulls have taken control over D-Street from bears.We recommend to BUY
NIFTY FUTURE AROUND 10800-10810 TGT 10850-10900 SL ABOVE 10800.


EPIC RESEARCH– ANALYST SPEAKS--

The Nifty Bank index closed at 26,766.8 on Friday. The important Pivot level, which will act as crucial support for the index, is placed at
26,485.13, followed by 26,203.46. On the upside, key resistance levels are placed at 26,927.53, followed by 27,088.27. so we advice you to BUY Nifty Bank future around 26720-26740 tgt 26850-26950 sl below 26650.


EPIC RESEARCH– ANALYST SPEAKS--

It has breaked its 52 weeks high the stock has good fundamentals and with good bull rally after it breaked its earlier resistance level of
2303 now its trading at 2342 but we can get some correction around 2355-2360 so we advice to SELL BAJFINANCE FUTURE
AROUND 2355-2360 TGT 2330-2300 SL ABOVE 2370







EPIC RESEARCH– ANALYST SPEAKS--

The stock is consolidating around its crucial resistance level of 280.30 if the sector movement a slide upward then we can get a one side bull movement so we recommend to BUY KPIT FUTURE AROUND 280.50-281 TGT 285-290 SL BELOW 277 ..



Epic Research Limited counts as the top research providing firm all over India as well as other global markets. We can say that 'Market Research' is the soul of the organization and the trust builder for the client base. Our team having experienced researchers who offer updates on the sectors like – equity trading, commodity trading, FOREX trading, Nifty Call etc.


Our research team assists on the following sectors -

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Submitted by Epic Research, Epic Research Pvt.Ltd indore on Monday, 25 June 2018 at 1:33 PM
Category: Business
 
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